Fatwa #471318 January 2002United States of America
A wants to buy house from B, but cannot afford it. The bank due to delinquency forecloses the house owned by B. Can A purchase house in an auction held by a) the Bank, b) by government agency?
Answer
It is permissible to purchase a house in an auction.
and Allah Ta'ala Knows Best
Mufti Ebrahim Desai
and Allah Ta'ala Knows Best
Mufti Ebrahim Desai